Monday, January 9, 2012

Williston Story: Herman Oil Sold to Texas Company -- The Bakken, North Dakota, USA

Link here.
Herman Oil, a company founded by long-time Williston resident Bob Herman, has been sold to Thomas Petroleum, a company based in Victoria, Texas for an undisclosed amount.

Herman said he had been working on selling the company for a couple years before somebody finally bought it. The deal with Thomas Petroleum took about four months to finalize.

“I started out about two years ago trying to sell the company, but everybody who wanted to buy it wanted me to finance it or something. But Thomas had the financial ability to buy the company. We worked on it probably about four months with them,” Herman said.

Herman arrived in Williston in 1954, when he went to work on oil rigs for 13 1/2 years.

When he first got into selling fuel, he owned a service station on Million Dollar Way.
That's where the name of this blog comes from: Williston's Million Dollar Way -- a four-lane divided highway that I grew up. From the time I learned to ride a bicycle, and could stay up until midnight watching television and advertisements of car dealers on Million Dollar Way, it has been part of my life, and ironically, continues to be a part of my life, albeit for very different reasons.

As noted in my "welcome post," (unless I deleted it, I forget), my hitchhiking trips across the US and in Europe began on the Million Dollar Way.